V2X Inc
For the period ended Jun 28, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 28, 2024 · Filed Aug 6, 2024
VVX$82.71+1.1%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of (Loss) Income
CONDENSED CONSOLIDATED STATEMENTS OF (LOSS) INCOME (UNAUDITED)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 28, | June 30, | June 28, | June 30, | |
| (In thousands, except per share data) | 2024 | 2023 | 2024 | 2023 |
| Revenue | $1,072,183 | $977,852 | $2,082,747 | $1,921,312 |
| Cost of revenue | 998,348 | 890,452 | 1,938,638 | 1,755,082 |
| Selling, general, and administrative expenses | 46,409 | 53,130 | 86,352 | 101,381 |
| Operating income | 27,426 | 34,270 | 57,757 | 64,849 |
| Loss on extinguishment of debt | (1,998) | — | (1,998) | (22,052) |
| Interest expense, net | (28,807) | (31,950) | (56,381) | (63,694) |
| Other expense, net | (4,735) | (311) | (6,368) | (311) |
| (Loss) income from operations before income taxes | (8,114) | 2,009 | (6,990) | (21,208) |
| Income tax (benefit) expense | (1,570) | 210 | (1,590) | (5,527) |
| Net (loss) income | $(6,544) | $1,799 | $(5,400) | $(15,681) |
| (Loss) earnings per share | ||||
| Basic | $(0.21) | $0.06 | $(0.17) | $(0.51) |
| Diluted | $(0.21) | $0.06 | $(0.17) | $(0.51) |
| Weighted average common shares outstanding - basic | 31,470 | 31,033 | 31,411 | 30,981 |
| Weighted average common shares outstanding - diluted | 31,470 | 31,605 | 31,411 | 30,981 |
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